Texas Renews 13 Companies to Self-Insure for Workers’ Comp Claims
Thirteen companies with approximately 49,800 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance Division of Workers’ Compensation Self Insurance Program, TDI announced.
To qualify to self-insure for workers’ compensation claims in Texas, a company must have a minimum workers’ compensation insurance annual premium of $500,000 and meet other requirements subject to annual review.
Commissioner of Workers’ Compensation Albert Betts approved renewals of existing certificates for the following 13 companies:
Archer-Daniels-Midland Company, Decatur, IL
FedEx Ground Package System, Inc., Akron, OH
Hyatt Corporation, Chicago, IL
Kimberly-Clark Corporation, Neenah, WI
Limited Brands, Inc., Columbus, OH
Lockheed Martin Corporation, Fort Worth, TX
MeadWestvaco Corporation, Glen Allen, VA
Parker-Hannifin Corporation, Cleveland, OH
Poly-America, L.P., Grand Prairie, TX
Sam Kane Beef Processors, Inc., Corpus Christi, TX
Southwestern Bell Telephone, L.P., San Antonio, TX
The Stanley Works, New Britain, CT
Union Tank Car Company, Chicago, IL
Source: TDI, www.tdi.state.tx.us/